ESMA Commercial Real Estate.Exposures.Subordinated Loan Holder Control Of Workout Process
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Subordinated Loan Holder Control Of Workout Process
ESMA Commercial Real Estate.Exposures.Subordinated Loan Holder Control Of Workout Process
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL40
Description
Can the subordinated loan holder (e.g. B loan holder) exercise control over the decision to and process to enforce and sell the loan collateral?
Field Characteristics
Format
The field type / format is: Y/N
No Data Options
- The field cannot be empty under data options ND1-ND4
- The field can be empty under data option ND5
No Data Options Legend
| Option | Explanation |
|---|---|
| ND1 | Data not collected as not required by the lending or underwriting criteria |
| ND2 | Data collected on underlying exposure application but not loaded into the originator’s reporting system |
| ND3 | Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system |
| ND4 | Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed) |
| ND5 | Not applicable |
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions
